Venture Life Group (VLG)

Sector:

Health Care

Index:

FTSE AIM All-Share

40.33p
   
  • Change Today:
    -0.17p
  • 52 Week High: 42.25
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 126.50m
  • Volume: 67,184
  • Market Cap: £51.02m

Venture Life increases distribution across Boots stores

By Duncan Ferris

Date: Monday 18 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Venture Life Group increased distribution of its oral hygiene brand UltraDEX's products in the UK with Boots by 46%, with the high street chemist launching two of its new products.
The AIM-traded consumer health products firm said that its new deal with Boots will add a further 3,686 new points of distribution for UltraDEX in Boots stores from its starting point in July, giving the brand over 18,800 points of distribution nationwide, its highest ever on a national level.

Jerry Randall, chief executive of Venture Life Group, said: "Over the last 12 months, including this increase announced today, we have seen a 49% increase in our overall UK pharmacy and retail store listings for the range, taking it to the highest level ever for the brand."

Boots will also launch One GO and the Fresh Breath Essential Kit, two new UltraDEX products from Venture Life.

One GO, which recently launched in 793 Superdrug stores, is a sachet based mint mouthwash product, while the Fresh Breath kit includes four different UltraDEX products in one package, designed to help consumers begin a daily regimen of oral care.

"We have now partnered the range internationally in nine countries since acquisition, including three of the four main countries in the EU. We have also widened the patent estate over the UltraDEX Sensitive range, where the patent has now been approved in Canada, meaning this patent now covers a total of nine countries worldwide," said Randall.

This new patent adds to the existing patents granted for the range in eight other countries including USA, UK, Japan and Australia.

As of 0911 BST, Venture Life Group's shares were up 6.33% at 42.00p.

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VLG Market Data

Currency UK Pounds
Share Price 40.33p
Change Today -0.17p
% Change -0.41 %
52 Week High 42.25
52 Week Low 27.50
Volume 67,184
Shares Issued 126.50m
Market Cap £51.02m

VLG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.27% above the market average93.27% above the market average93.27% above the market average93.27% above the market average93.27% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
57.57% above the market average57.57% above the market average57.57% above the market average57.57% above the market average57.57% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income Not Available
Growth
19.83% above the market average19.83% above the market average19.83% above the market average19.83% above the market average19.83% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

VLG Dividends

  Latest Previous
  Final Interim
Ex-Div 24-May-18 n/a
Paid 22-Jun-18 n/a
Amount 0.040p 0.000p

Trades for 16-May-2024

Time Volume / Share Price
11:59 25,000 @ 40.00p
11:27 5,000 @ 40.50p
11:26 1,782 @ 40.50p
11:26 3,218 @ 40.50p
11:23 10,000 @ 40.50p

VLG Key Personnel

CEO Jerry Randall
CFO Daniel Wells

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